Analysts Set Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) PT at $14.80

Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) has earned an average recommendation of “Moderate Buy” from the five analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $14.80.

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a report on Monday, December 29th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LOMA. Fourth Sail Capital LP lifted its position in shares of Loma Negra Compania Industrial Argentina by 8.6% in the second quarter. Fourth Sail Capital LP now owns 1,456,770 shares of the company’s stock worth $15,981,000 after buying an additional 115,964 shares in the last quarter. Systrade AG grew its holdings in Loma Negra Compania Industrial Argentina by 75.9% during the 3rd quarter. Systrade AG now owns 382,944 shares of the company’s stock valued at $2,822,000 after buying an additional 165,245 shares in the last quarter. RWC Asset Management LLP increased its stake in Loma Negra Compania Industrial Argentina by 21.8% in the 3rd quarter. RWC Asset Management LLP now owns 1,436,459 shares of the company’s stock worth $10,587,000 after acquiring an additional 257,318 shares during the last quarter. Aberdeen Group plc raised its holdings in shares of Loma Negra Compania Industrial Argentina by 16.6% during the 3rd quarter. Aberdeen Group plc now owns 1,201,100 shares of the company’s stock worth $9,044,000 after acquiring an additional 171,210 shares in the last quarter. Finally, Sagil Capital LLP bought a new position in shares of Loma Negra Compania Industrial Argentina during the 2nd quarter valued at approximately $2,771,000. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compania Industrial Argentina Stock Down 0.7%

Shares of Loma Negra Compania Industrial Argentina stock opened at $9.85 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.61 and a current ratio of 1.24. The stock’s 50-day simple moving average is $11.59 and its 200-day simple moving average is $10.52. Loma Negra Compania Industrial Argentina has a 52 week low of $7.04 and a 52 week high of $14.17.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last issued its earnings results on Thursday, March 5th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.11). Loma Negra Compania Industrial Argentina had a net margin of 2.97% and a return on equity of 2.29%. The business had revenue of $155.17 million for the quarter, compared to the consensus estimate of $231.54 million. As a group, research analysts predict that Loma Negra Compania Industrial Argentina will post 1.25 EPS for the current year.

About Loma Negra Compania Industrial Argentina

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company’s product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.